Bigbloc Construction plans to hike its production capacity by 20% to 3.60 lakh Cubic Meter per annum

The company to increase its production capacity from 3.00 lakh Cubic Meter per annum to 3.60 lakh Cubic Meter per annum.

Feb 24, 2021 05:02 IST India Infoline News Service

Cement
Bigbloc Construction on Wednesday announced its decision to increase its production capacity by 20%. The company intends to expand its production capacity within the next six months.

The company to increase its production capacity from 3.00 lakh Cubic Meter per annum to 3.60 lakh Cubic Meter per annum.

Earlier, the company had expanded production capacity by 25% in its Subsidiary Starbigbloc Building Material Private Limited from 2.00 lakh Cubic meter to 2.50 lakh Cubic meter.

With the latest hike, the company's total installed capacity will be 6.10 lakh Cubic meter per annum. The Company is running at full capacity utilisation.

At around 5.06 pm, Bigbloc was trading at Rs133.90 per piece up 0.60% on Sensex. The stock has touched an intraday high of Rs138 per piece and a low of Rs133.50 per piece respectively. 

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